41490 Oak Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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Big Bear Lake, California 92315
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $489,603 Fair Market Value by 2%. This valuation gap offers $14,603 in Instant Equity. Featuring a Fair Condition Rating, the home includes a spa-ready deck, versatile bonus room, and workshop. While the infrastructure reflects its 1963 origins, the property offers significant value-add potential for Buy-and-Hold Investors or Owner-Occupants seeking a customizable mountain retreat in the Bear Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41490 Oak Street Subject | $459,000* List Price | 3 | 2 | 1,400 | $336 | - |
A 41602 Mcwhinney Lane Sold | $450,000 | 3 | 3 | 1,260 | $357 | 0.2 mi |
B 410 Oriole Sold | $479,000 | 3 | 2 | 1,152 | $416 | 0.4 mi |
C 41438 Oak Street Sold | $450,000 | 3 | 2 | 1,080 | $417 | 0.1 mi |
D 565 Golden West Sold | $575,000 | 4 | 2 | 1,432 | $402 | 0.5 mi |
E 802 Conklin Pending | $550,000 List Price | 4 | 2 | 1,302 | $422 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is a classic mountain cabin that is functional but dated. While the exterior deck is well-maintained and the kitchen/laundry feature newer wood flooring, the overall interior—including the wood-paneled walls, original-style kitchen cabinetry, and older wall-heating units—reflects its age. The bathrooms show mid-range updates but are not modern. It is move-in ready but requires cosmetic and system updates to reach a 'Good' rating.
Situated minutes from town, shopping, and dining, this property is ideally positioned for a full-time residence, vacation home, or high-potential short-term rental investment.
The oversized master suite features vaulted ceilings and skylights, offering a bright, spacious, and modern feel that distinguishes it from typical mountain cabins of this era.
A large, spa-ready front deck combined with a versatile bonus room and dedicated workshop provides exceptional utility for entertaining, remote work, and hobbies.
Originally built in 1963, the property may require ongoing maintenance or updates to older mechanical systems and insulation common in homes of this age.
With 1,400 square feet distributed across three bedrooms plus a bonus room, some secondary living areas and bedrooms may feel constrained for larger groups.
Nestled in a prime Big Bear Lake location just minutes from town, this charming mountain retreat offers the perfect blend of comfort, character, and functionality. Featuring 3 bedrooms, 2 bathrooms, and approximately 1,400 sq ft of living space, this home is ideal for full-time living, a vacation getaway, or an investment opportunity. Step onto the spacious front deck — perfect for entertaining, relaxing under the pines, or enjoying the fresh mountain air. Just off the deck is a versatile bonus room with custom shelving that makes an excellent home office, creative space, or reading retreat. Inside, the oversized master suite is a true highlight, complete with vaulted ceilings, skylights that fill the space with natural light, and a walk-in shower for a spa-like feel. The kitchen and laundry room feature updated wood flooring, adding warmth and style throughout the home. Additional features include a workshop for hobbies or projects, plus a storage shed offering plenty of extra space for tools, outdoor gear, and seasonal items. Additionally, the deck is reinforced and wired for a spa in case you wanted to add one. With its convenient location close to shopping, dining, and all that Big Bear has to offer, this property is a fantastic opportunity to enjoy mountain living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,400 | 1,408 | 49% |
| Lot Size | 6,325 | 7,635 | 29% |
| Price | $459.0K | $571.5K | 38% |
| Price per sq ft | $328 | $391 | 20% |
| Built year | 1963 | 1976 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 213 | 3% |
Jun 8, 2026
$459,000
$475,000
-3% Price Drop
Initial Listing
May 14, 2026
$475,000
Initial Listing
Feb 26, 2013
$174,500
Public Record